In certain cases, BCEDC can provide term loans for working capital. The following programs may be used to finance working capital needs.

Small Business First Fund

Business Builder Loan Fund (BBLF)


Did you know that the average American company wastes $12,000 every year on energy bills, without even realizing it?  

Now, did you know that there is a new program available from the Bucks County Commissioners that can help you do something about it?

The program is called EnergyWorks, and here's how it can help your business save money and energy:

  1.   Professional Guidance: An EnergyWorks approved energy engineer can visit your business (you must own your building or have permission from the owner to conduct capital improvements) to do a complete Energy Assessment and provide you with a roadmap for improvements that are cost effective. EnergyWorks can cover 75% of the cost of this work, up to $10,000.
  2. Low Interest Financing: If you decide to move forward and implement the recommendations from your energy assessment, EnergyWorks can provide loans as low as 3.5% for projects ranging from $100,000 to $1 million or more, with flexible terms and a fixed rate.
  3. Variety of Projects Eligible: A wide range of projects are eligible for support under EnergyWorks, including:
  1. Comprehensive building retrofits, in which a range of energy saving improvements are implemented at once.
  2. Single measure retrofits/equipment swaps, in which a single energy saving measure is implemented - often the upgrade of a major piece of equipment like an HVAC system or industrial machinery (lease financing is available for equipment).
  3. Gut rehab and new construction projects, in which developers can utilize EnergyWorks financing to cover the portions of project cost that directly impact energy use (often as much as 30% of total project cost).

Eligible projects must demonstrate a minimum of 25% energy savings (EnergyWorks experts can help you figure out how to create a project that meets this target) and the financial ability to repay a loan.

To learn more, go to www.energyworksnow.com/commercial/getting-started and fill out the simple Initial Financing Application Form to see if your business qualifies for an EnergyWorks energy assessment and/or financing.

Questions? Just call 215-496-8139 to speak with Jennifer Crowther, EnergyWorks commercial lending specialist.

EnergyWorks is a program of the Metropolitan Caucus,a coalition of councilmembers and commissioners from Bucks, Chester, Delaware, and Montgomery Counties and the City of Philadelphia. It is funded by a grant from the US Department of Energy and implemented in partnership with lending partners at The Reinvestment Fund and the Philadelphia Industrial Development Corporation.

For more information on any of the loan programs please contact Robert Cormack, Executive Director or Jim Pawlikowski, Loan Manager or via phone 215.348.9031.